3 vessels carrying crude oil, bulk urea, diesel to berth at Lagos ports
Feb. 26, 2024 The Nigerian Ports Authority (NPA), on Friday, said that three ships were waiting to berth at the Lagos ports. NPA, in its “Daily Shipping Position”, said the…
NLC: W’ll shut down the nation if we are harassed, says no going back on strike
The Nigeria Labour Congress (NLC) has threatened to shut down its services all over the country should any of its members are attacked or arrested during its planned two-day protest…
Atiku to Tinubu on reforms: Learn from Argentina
I read a recent report in Reuters titled: Argentina’s market double down on Milei as investors ‘start to believe’. I took a keen interest in reading the report because…
Hardship protest: Police warn NLC, TUC not to trample rights of others
Commissioner of Police in Lagos State, Mr Adegoke Fayoade, on Sunday charged intending protesters not to violate the rights of others while carrying out their protest for any reason. The…
CBN mandates forex sellers above $10,000 to declare sources
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their forex sources….
Group urges NASS to probe spending of $3.4bn Buhari IMF loan
The Tax Justice and Governance Platform (TJGP) has appealed to the National Assembly (NASS) to investigate the movement and spending of $3.4 billion loan obtained by the Federal Government through…
PIA: NUPRC Inaugurates BoT Forum for Host Community Trust Implementation
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated the Host Community Development and Administration Trust Board of Trustees (BOT) Forum. The exercise held at the Commission’s headquarters in Abuja…
Price fluctuation: CBN amends FX rates for customs duty on importation
In a bid to check fluctuation in prices of goods, the Central Bank of Nigeria (CBN), has reviewed the formula for fixing foreign exchange rates for Customs duty on importation….
Nigeria records 24.23% increase in road traffic accidents, 1,323 deaths in Q4 2023 – NBS
Feb. 23, 2024 The total number of road traffic crashes in Q4 2023 was 2,717, indicating a increase of 24.23% from the previous quarter (Q3) which recorded 2,187 and 33.12%…
Capping: Kaduna Electric set to refund over-billed customers
The Kaduna Electric said it was set to comply with the Nigerian Electricity Regulatory Commission’s (NERC) directive mandating it to refund over billed customers. This was contained in a statement…